NorthStar Financial Services Group is a holding company for several subsidiaries including CLS Investments, The Gemini Companies and Orion Advisor Services.

The move represents a “significant investment and continued push by TA into the RIA and fintech space,” Todd Clarke, chief executive of CLS Investments, told Family Wealth Report in February.

With over $300 billion in assets under management and administration as of March 31, 2015, NorthStar provides support services to RIAs, independent broker-dealers and investment managers.

NorthStar’s management team members remain significant owners in the company. M Roy Burns and Todd Crockett, managing directors of TA Associates, have joined NorthStar’s board. Additional terms of the investment were not disclosed.

Besides its Omaha headquarters, NorthStar has offices in Hauppauge, NY; Chicago, IL; Mill Creek, Washington; and Scottsdale, AZ.